You might wonder, where do I start? What if you started with the personal goals you are looking to accomplish in your life, and then planning for the exit of your business in the context of “what’s next?”
In this series, I want to discuss goals-based exit planning and today we’ll start by talking about why it’s important. Read More
A fiduciary advisor is one that is required by law to act in your best interests whereas the non-fiduciary advisor (ie: stock broker) may face a strong conflict of interest when recommending “suitable” investment solutions to you which often lead you, the investor, down a path that is not in your best interest. Read More
The answer: It depends.
Your 401k is designed and works best as a tax efficient way of investing for your future retirement. Using the 401k loan feature as your own personal piggy bank is ill-advised.
But in some cases, considering a 401k loan may actually make financial sense and safeguard your retirement portfolio.
Keep reading as we discuss 401k loans.
Appleton, WI – June 8, 2018 – Prateek Mehrotra, MBA, CFA®, CAIA®, Chief Investment Officer of Endowment Wealth Management, Inc. and ETF Model Solutions, LLC has been named to the Investopedia Top 100 Financial Advisors list for 2018.
The Investopedia 100 list celebrates financial advisors who have contributed significantly to conversations about financial literacy, investing strategies, life-stage planning and wealth management.
Investopedia’s 2nd annual rankings seeks to recognize advisors that are able to engage their audience across multiple platforms, measuring their reach and influence and quality of the information they produced and shared across a broad range of media platforms.
In developing their proprietary rankings, Investopedia’s data science and editorial teams reviewed the applications of hundreds of financial advisors to measure their impact and reach across Twitter, LinkedIn, personal and company blogs, and online publishers. The strength of each applicant’s page rankings, followers, and citations of their work by other advisors, consumers and the financial media were all evaluated as part of their ranking process. The analysis seeks to identify not only the advisors with the largest followings, but also those who have dedicated their time to educating investors around the world.
For more information contact:
Endowment Wealth Management, Inc.
920.785.6010
Award recognition does not qualify as an endorsement. The Investopedia Top 100 Advisors for 2018 was awarded 6/8/2018 by Investopedia. No solicitation payment was made to the award sponsor to be nominated or to qualify for the award. Judging criteria for the award can be found at: https://www.investopedia.com/top-100-financial-advisors-4427912 .
Founded in Neenah, WI in 1872, Kimberly-Clark is a multi-national personal care corporation that employs approximately 43,000 people worldwide. While the company is now headquartered in Texas, Kimberly-Clark still has a major presence in Wisconsin.
Last week, K-C announced they are laying off approximately 5,000 employees, many through a voluntary severance program.
John Weninger, CFP® of Endowment Wealth Management researched the Company’s Plan and the severance package. He compiled a list of important things to know about the company’s 401(k) plan, and also issues that K-C employees who are considering accepting the severance package should evaluate when making their decision.
In his blog post, 10 Things to Know About the K-C 401(k) Plan, John comments on the Plan’s wide ranging benefits and features, including annual contribution limits, Roth conversion features, profit sharing, vesting benefits, investment options, loan provisions, asset reallocation, rebalance notifications, and withdrawal provisions for both existing and former employees.
In K-C Voluntary Severance Package 2018, John covers the basic items employees should consider when reviewing a severance offer. Since 401(k) contributions cannot be made from severance pay, anyone thinking about accepting a severance should consider increasing their 401(k) contribution for their remaining employment.
John’s extensive reviews on this issue are posted to his blog at MyCompanyRetirementPlan.com. If you work for a major employer and would like to request that John review your company’s retirement plan on a future blog post, send him an email.
Educational purposes only. Not legal or tax advice. You should talk to an investment professional before making investment decisions.
KKR today released the 2018 Global Macro Outlook piece by Henry McVey, Head of Global Macro and Asset Allocation (GMAA). In “You Can Get What You Need,” McVey outlines his perspective on the current investing environment.
“As we are poised to enter the 104th month of economic expansion amidst the second longest bull market on record in the United States, it is definitely harder to get ‘what you want’ when it comes to uncovering new and compelling investment opportunities. The good news is that our work shows that investors can still ‘get what they need’ in order to generate returns in excess of their liabilities.”
Overall, a major underpinning to Henry McVey and the GMAA team’s view for 2018 is that overly optimistic investors are currently overpaying for growth and simplicity in many instances, while at the same time ignoring stories with complexity, uncertainty, and/or cyclicality. Therein lies a huge, long-tailed investment opportunity to arbitrage the notable bifurcation that has already begun to occur across many parts of the global markets, according to the team.
Against this backdrop, the report outlines several actionable investment themes that multi-asset class investors should consider weaving into their portfolios in 2018 and beyond, including:
1. Equities Having More Potential Upside Than Credit
2. The Move Towards Mid-Cycle Phase of Emerging Markets Recovery
3. Central Bank Normalization
4. Shifting Preferences in Private Credit
5. Buy Complexity, Sell Simplicity
6. Experiences Over Things
7. Arrival of a Different Kind of ‘Political Bull Market’
In addition to the aforementioned themes, the report details specific macro influences that factor into the GMAA team’s updated asset allocation model for 2018, including GDP targets around the globe as well as outlook for earnings, rates, oil, cycle duration and expected returns.
Read/Download KKR’s 2018 Global Macro Report
Changes in the Tax Bill Are Likely to Impact Your Tax Obligations. Consider Taking Immediate Action Before December 31st
Last week the US Federal Tax Codes had a major overhaul and the broad changes will impact almost everyone’s 2018 tax returns and beyond. Since there is limited time left in 2017, everyone should take stock of their income and expense patterns, talk to their financial advisor and their tax planner and make any necessary changes before December 31st. You should review the list below and consider taking action if any apply to your tax situation:
Please note that this is a very general list of strategic tax steps which you should consider in 2017. Everyone has their own personal tax issues and if your tax professional tells you differently please follow their specific instructions.
Read White Paper on the Potential Impact of Tax Reform
Content presented is for informational and educational purposes only and is neither an offer nor a solicitation to buy and/or sell securities nor is it an offer to provide, nor shall it be construed to be the provision of, individualized investment advice in any state where Endowment Wealth Management, Inc. is not registered or notice filed and does not qualify for an exemption from such registration and notice filing requirements. Endowment Wealth Management is not soliciting or recommending any action based on this material. Any tax advice included in this written or electronic communication was not intended or written to be used, and it cannot be used by the taxpayer, for the purpose of avoiding any penalties that may be imposed on the taxpayer by any governmental taxing authority or agency.
December 22, 2017
IMPORTANT TIME SENSITIVE TAX INFORMATION
Changes in the Tax Bill Are Likely to Impact Your Tax Obligations. Consider Taking Immediate Action Now
This week the US Federal Tax Codes had a major overhaul and these broad changes will impact almost everyone’s 2018 tax returns and beyond. Since there is limited time left in 2017, please review the below commentary immediately so that if there are any that apply to you that you might be able to make any necessary changes to your advantage:
Please note that this is a very general list of strategic tax steps which you should consider in 2017. Everyone has their own personal tax issues and if your tax professional tells you differently please follow their specific instructions. If you want to talk about some of the above tactical year-end tax strategies, please contact our offices as soon as possible. We will have people working on Saturday and next week to implement as many changes as humanly possible for our valued clients!
Read White Paper on the Potential Impact of Tax Reform
Content presented is for informational and educational purposes only and is neither an offer nor a solicitation to buy and/or sell securities nor is it an offer to provide, nor shall it be construed to be the provision of, individualized investment advice in any state where Endowment Wealth Management, Inc. is not registered or notice filed and does not qualify for an exemption from such registration and notice filing requirements. Endowment Wealth Management is not soliciting or recommending any action based on this material. Any tax advice included in this written or electronic communication was not intended or written to be used, and it cannot be used by the taxpayer, for the purpose of avoiding any penalties that may be imposed on the taxpayer by any governmental taxing authority or agency.
PRESS RELEASE
FOR IMMEDIATE RELEASE
Endowment Wealth Management, Inc Adds New Wealth Advisor
Appleton, WI, December 11, 2017 – Endowment Wealth Management, Inc. is pleased to announce that John Weninger, CFP® has joined the firm as a Wealth Advisor.
John is a Wealth Advisor within the Family Wealth Management area of the Company. He is the first point of contact for our prospective clients, conducting introductory meetings with clients to discuss their family dynamic and wealth management needs. John assumes the role of the client family’s Chief Financial Officer and coordinates with the client’s current professionals (i.e. attorney, tax accountant, stockbroker, insurance agent) to provide an integrated wealth management plan and investment solution that is custom tailored to meet each client’s specific needs.
John began his career at Merrill Lynch as an advisor assistant, serving the needs of families & small business owners. He was the founder of Vision Wealth Partners, a 
Wisconsin registered investment advisor and has been helping families and small-business owners with financial planning and investment management since 2011. His writing has been featured on CNBC, Yahoo! Finance, U.S. News and MyCompanyRetirementPlan.com.
John received his Bachelor’s Degree from St. Norbert College majoring in Finance. He earned his Certified Financial Planner (CFP®) in 2017.
Endowment Wealth Management, Inc is a multi-family office and fiduciary RIA firm with a team of 6 professionals including a CFA®, MBA, CPA, AWMA® and two CFP® holders. EWM manages over $150 million in client assets and has clients in twelve states.
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If you would like to learn more about Endowment Wealth Management, Inc, please visit www.endowmentwm.com, call Rob Riedl at 920-785-6010, or email rob@endowmentwm.com.
Robert L. Riedl, CPA, CFP, AWMA
CEO/Director of Wealth Management
Endowment Wealth Management, Inc.
920.785.6010
Prateek Mehrotra, MBA, CFA®, CAIA®, Chief Investment Officer of EWM is quoted extensively in this month’s Real Assets Adviser magazine. In an article titled Endowment Model Takes Its Lumps: It has been a rough year or two, but proponents remind detractors that the model is built for long-term investment strategies, author Steve Bergsman collects viewpoints from several industry professionals analyzing the broad asset allocation of the endowment model and how the various underlying asset classes have contributed or detracted from performance in both recent years and over the long term. Click on the link to read the entire article.
